This is the best summary I could come up with:

Sam Altman, the tech entrepreneur who was removed as chief executive of OpenAI on Friday by its board of directors, is in the process of pitching a new artificial intelligence start-up to investors, according to three people familiar with his plans.

OpenAI’s board of directors shocked the tech industry on Friday when it abruptly fired Mr. Altman from his position as chief executive.

Mr. Altman took a break to poke at OpenAI’s board on social media, with a joke threatening to start “going off,” or speaking candidly, about the situation.

boom late last year when it released ChatGPT, and Silicon venture capital firms raced to invest in start-ups developing similar technologies.

During a fund-raising trip last month where he met with potential investors from the Middle East, Mr. Altman spoke about A.I.-related projects, including a plan to develop custom chips for A.I.

He also spoke with Masayoshi Son, the chief executive and billionaire founder of the tech conglomerate SoftBank, about investing in an effort to build an A.I.

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